August 9 release of the port of Qinhuangdao port coal prices continued to fall in four kinds of main thermal coal prices fell 10 yuan / ton cut-off to the port this week, the first half of the price of coal from thermal coal prices have dropped about 5% high. And more foreign media reports over the current year, China's market price of coal has fallen nearly 10% of the high points.

        Investment adviser in the energy industry researcher Songzhi Chen pointed out that the domestic coal market this summer, similar to previous years no shortage of market conditions but performance was relatively calm. Major consumer of coal on the market share of coal enterprises will is not strong transit of coal in various coal fields and the market kept rising thermal coal prices in the coming summer peak where the firm has maintained for several weeks, finally started after a callback . Thermal coal price spikes in the summer, the possibility has not coal prices have begun to enter the lower channel. Domestic water supply this summer, the rising generation to some extent restrain the demand for coal in coal rose again into the channel may have to wait until the end of the third quarter this year, domestic coal-fired power reserves after the winter starts. From last year with the increase in electricity demand in China and in major coal-producing areas of the coal industry's integration of the coal production of China has changed from a coal-exporting countries and importing countries affect the global price of coal as a key factor. The first half of the coal demand in China and India, driven by soaring international coal prices have been higher. But the first half of the domestic coal production increased by 19.31% to reach 1.577 billion tons of domestic coal supply and demand in the second half will continue to loose as domestic coal prices may drop-fired power plants to reduce the international coal imports. At the same time as Europe and South Korea, Japan, the demand for traditional buyers limited the decline in Chinese demand for coal will lead to loss of international support.

        Zhang, director of investment consultancy Yan Lin pointed out that the Newcastle port in Australia last week, Steam FOB (6700 kcal / ton) fell from 2.3 to 91.9 U.S. dollars / ton 7 weeks straight down. International coal prices fell to a certain extent by China's power coal steam coal demand, especially the impact of weak demand. Domestic coal prices continued to fall in the case of enterprises will increase the demand for domestic coal.

        Investment Advisor in the release of "2010-2015 China Coal Industry Report Investment Analysis and Prediction," said China's coal imports and exports in the first half of this year continued the trend since last year's net imports in the first half remained on imports for more than 10 million tons in the first half of net imports almost doubled year on year. The second half of the domestic coal prices may make a callback in the first half of Chinese imports lower than the level of net imports for the year is a foregone conclusion and the next two to three years to maintain a larger volume of imports is very high. (Drunk cream)